Skip to main content

About your Search

20121205
20121205
STATION
KPIX (CBS) 3
KRON (MyNetworkTV) 2
WRC (NBC) 2
KGO (ABC) 1
KTVU (FOX) 1
WBAL (NBC) 1
WTTG (FOX) 1
( more )
LANGUAGE
Search Results 0 to 49 of about 50 (some duplicates have been removed)
MSNBC
Dec 5, 2012 1:00pm PST
days to the fiscal cliff. the president is john boehner are facing off for what couldçe a down to the wire nail-biter of a fiscal fight. indeed, the stakes are so high, the pressure so intense, that the house is calling it quits for the week. giving themselves another much deserved break. of course, not before demanding action from the president. >> where are the specifics? where are the discussions? nothing is going on, so we asked the president, sit down with us. >> i'll be here, i'll be available at any moment to sit down with the president to get serious about solving this problem. >> of course the speaker had to clarify that since the house is not back in session till tuesday. leaving just three days on the legislative calendar to get a deal. don't work too hard, guys. the president began his day meeting with business leaders a suring them he passionately roots for their success. even as he broke the news face to face that their taxes are going up. >>. >> let's allow higher rates to go up for the top 2%, that includes all of you, yes. but not in in way that will affect your s
CNBC
Dec 5, 2012 4:00am EST
republicans over the fiscal cliff are grinding to a hold. house speaker john boehner dealing with division in the gop's ranks to his budget plan. we've got a shanghai surprise. china's mainland markets up over nearly 3% after beijing's new leaders called for economic stability and new business growth. and it looks like more austerity for britain. george osborne getting ready to release his autumn statement. >>> nokia shares a little bit high today. they are teaming up with china mobile, giving access to the world's biggest mobile phone markets. >>> if you just got up, very warm welcome to the start of your global trading day. stocks are on the front foot this morning. this is where we stand with u.s. futures. currently called up around about 30 points higher. the dow down, what, 13 points? the nasdaq called up just under 40 points. the s&p 500 at the moment is called up just over three points. it was down two points yesterday. european stocks doing a little built better. they were as flat as a pancake, as i've been saying. as flat as my pancakes. we have just come down from higher
Current
Dec 4, 2012 11:00pm PST
. this is an emporer with no clothes. when we were pushed to fiscal cliff it was because john boehner promised something to the president and could not get members of his caucus do the right thing for the american people. >> i don't think we should be putting more gas on the karl what you're saying when your enemy is committing suicide, don't step in and interrupt? >> jennifer: break out the popcorn and sit back and watch the fight. a right on right fight. >> they're the ones who are responsible. don't blame us. >> what you risk about allowing them to fight with each other is going over the fiscal cliff and plunging us into another recession. when i say put gas on the fire, we cannot sit here and wait for them to self-destruct. it does not get the job done in washington. what gets the job in washington is standing up loud and proud and look at what they're doing to us. if we don't do that, we will squander another opportunity to show the american people that democrats are doing what is right for the working class in this country, and republicans are standing in the way to protect the
CNN
Dec 5, 2012 2:00am PST
belcher. >>> and there's no plan to keep us from going over the fiscal cliff. broken record, broken record. i'm christine romans in today for john berman. >> and i'm zoraida sambolin. >>> up first, president obama standing his ground over the fight in the fiscal cliff. americans face crushing tax hikes and severe spending cuts in 27 days if democrats and republicans cannot come together on a deal. by the way, congress breaks for the holidays in ten days. slash that number. in an interview with bloomberg news, the president made it crystal clear he's not about to blink on the issue of tax hikes for the wealthiest americans. >> we'll have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> white house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a divisi
FOX
Dec 5, 2012 6:00am PST
fiscal cliff. ktvu house smoker john boehner could be facing an uphill battle within his own -- >> reporter: speaker boehner -- certainly talk here that some republicans could revolt if speaker boehner caves to pressure from the white house to raise tax rates on the wealthiest 2% of americans. and while he's certainly had not agreed to that some are promising to block it. tea party favorite jim says giving into democrats to avoid the fiscal cliff is a temporary solution he's not willing to support. >> republicans should not be conceding the federal government needs more money. >> reporter: we will be hearing from democrats shortly. minority leader nancy pelosi is holding a news conference. we'll have that for you during our next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> a los angeles area fire house is under fire for letting an exdeny letting an exercise company shoot a racy video inside its station. the video by hoopnautic.com shows a scantily dressed woman dancing around. the station was also in trouble last year for allowing some fi
Current
Dec 5, 2012 2:00am PST
. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> cc >> with all the hysteria over the fiscal cliffs, there was euphoria when john boehner puts fort a proposal. his proposal fails every test. let's not forget, the deficit isn't the biggest problem. it's the lack of demand and equity in our distribution of income, two little data points we shouldn't forget. 93% of the in jump added in the 2010 went to the top 1% and wages are the lowest they've ever been. it's simply not fair. for ideas to solve the problems and the deficit at the same time, bob rob an and larry summers suggested some away raise capital gains taxes. lets stop giving capital preferences over earned income. it's only fair and right. it won't solve the problem but will go a long way. back to john boehner. he doesn't say anything about this, because he refuses to raise rates. it can only be because he refuses to see the real problem. joining me now congressman thank you for joining us as always. >> thank you. am i right about the boehner proposal and what the underlying problems are. >> you are. also it's also true with the boehner proposal is it's not specif
CBS
Dec 5, 2012 7:00am PST
fiscal cliff. >> thanks for having me. >> reporter: on his first view sbr interview on the fiscal cliff, he rejected john boehner's proposal. >> unfortunately the speaker's proposal is out of balance. >> reporter: raising taxes on households earning more than $250,000. >> we'll have to see the rates on the top 2% go up. we're not going to be able to get a deal without it. >> reporter: republicans want smaller tax increases overall and no movement on higher income tax rates. they want to cut unnamed tax bre breaks and deductions, which they say will do more to boost economic growth. the white house considers the proposal and economic rationale behind it laughable. >> we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> reporter: republicans answered back ba-humbug. >> this is absolutely not serious and the administration knows it. >> reporter: six governors, three from each party, met the president and said acid they believe business leaders in their states won't invest and hire until a deal gets done. >> until this gets resolved in a way th
ABC
Dec 5, 2012 4:00am PST
avoid the fiscal cliff. >> unfortunately the speaker's proposal right now is still out of balance. >> reporter: the speaker's plan would raise $800 billion in tax revenue. but does so without raising tax rates for top income earners. the president says that's unacceptable. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: republicans, like rising star senator marco rubio, say raising taxes on the wealthy is the wrong approach. >> the tax increases he wants would fail to make even a small dent in the debt. it would hurt middle-class businesses and the people who work for them. >> reporter: so, that's the major holdup, taxes. republicans and democrats deeply divided. >> there's nothing going on privately that's not going on public. >> reporter: amidst the political posturing, there may actually be a chance for compromise on medicare. president obama says he's open to raising the age when seniors can start receiving benefits, from 65 to 67. according to one study, that would save almost $6 billion a year
FOX
Dec 5, 2012 6:00pm EST
the answer is no. >> indeed, it does. >>> another big story, the fiscal cliff debate. and fox 5 learned that president obama and john boehner spoke on the issue today, but the results have not been made public. the white house is asking federal agencies to plan for $100 billion in spending cuts and that is what happened if not resolved. administration believes the deal will be done. john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending and, i believe, it's super flowous. >> and that is a law, higher rates to go up for the 2072%, including all of you. yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last n
MSNBC
Dec 4, 2012 7:00pm PST
. quote, it is magic beans and fairy dust. >> i'm worried about the fiscal cliff in the same way i'm worried about martians. >> fiscal cliff. >> fiscal whatever it is. >> is this a rerun? >> still no progress as all sides jockey for position. >> i would say we're nowhere. >> speaker john boehner issued a downer offer yesterday. >> the white house quickly dismissed it. >> the speaker's proposal is out of balance. >> it is more of the same. >> it is not me being positive. it is the math. >> magic math. >> magic beans and fairy dust. >> president obama did win the election. >> me thinks somebody made him king. >> no. i don't think that's right. >> he doesn't see where he stands in the universe. >> i would say we're nowhere. >> are we that far apart? >> both sides want a deal. >> a matter of math. >> try to stay away from hypotheticals. >> it won't pass. >> discussions about unicorns. >> unicorns. >> they're imaginary beasts. >> magic beans. >> magic math. >> an enchanted universe. >> outrageous. >> the whole thing is going wacky. >> i would say we're nowhere. >> i don't envy the position the speaker is in. >> we're nowhere. ? you just might feel under attack. >> john boehner's power move. >> roll over and do what i ask. >> having the reins on the tea party. >> does he have real
CNN
Dec 5, 2012 6:00am PST
are. the fight over the fiscal cliff shows no signs of easing. coming up at the top of the hour we're expecting to hear from house speak er john boehner and house republicans, who have been meeting this morning. they're not happy with the negotiations. president obama says no deal will be reached without higher taxes on the wealthy. >> a new twist in the case of internet mogul john mcafee, millionaire on the run from police in belize, who want to question mcafee about the shooting of a man, but say mcafee is not a suspect. >>> typhoon kills 274 people in the philippines. it destroyed homes. it left washed out road, downed power lines and lots of damage. >>> dr. phil's stolen '57 chevy has been found. the chevy belair in los angeles while investigating stolen cars. targeting repair shops and making off with the cars. dr. phil's chevy has minor body damage butto otherwise is in good condition. >>> tradition in south carolina was way too much for one giraffe. it was all caught on camera. ooh, melman the giraffe started shaking and jumping up and down at a tree lighting ceremony. in the end, the giraffe is not hurt and we're not really cl
NBC
Dec 5, 2012 5:00pm EST
to be noiseproof. they tell me they can hear every car. >> all right. >>> fiscal cliff challenge today. house speaker john boehner said if the president does not like the republican offer, he should present a credible plan of his own that can pass both houses. meanwhile, the white house said tonight president obama has a two-step plan. the first is to extend the middle class tax cuts while allowing cuts for the wealthiest americans to expire. the second is to call for tax reform by august 1st of next year. in the meantime, the nation's debt ceiling is looming in january. the president's warning republicans not to include any debt limit concessions in their fiscal cliff strategy. >>> we have had a lovely week around here. but it's time to get back to a little december reality. >> would you look at that. veronica has a look at another change coming our way. what about it, veronica? >> do you like that sunset? isn't that gorgeous? >> it's lovely. >> fiery red there on the horizon. and not a bad day. the wind picked up a bit. that northwesterly wind behind the cold front that came through very early this morning. hig
CNN
Dec 4, 2012 8:00pm PST
avoid the fiscal cliff, which is the christmas present the country needs. today we heard president obama's response to the proposal that house speaker john boehner put on the table yesterday. >> the speaker's proposal right now is still out of balance. >> of out of balance. kind of similar to what republicans said last week when the president sent over his terms. so now what? will they sit down and talk it through? well, not according to at least one senior republican aide who told cnn today, no conversations today, no e-mails, tweets, carrier pigeons. as for boehner and obama, they actually did see each other in person at the white house holiday party last night in black tie. while other lawmakers waited in line to get the photo with the president, multiple sources from both sides of the aisle tell cnn that boehner wasn't among them. so much for holiday cheer. we have this picture. we're waiting for the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case, in the form of a swipe. >> i sympathize with john boehner. the key party has a firm grip on the republican p
MSNBC
Dec 5, 2012 8:00am PST
. round three has begun. two days after the republican fiscal cliff counter offer, both sides are coming out swings. speaker john boehner defended his proposal this morning, adopting a page from the dem's fairness playbook. >> the revenues we're putting on the table are going to come from, guess who? the rich. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue than raising
MSNBC
Dec 5, 2012 2:30am PST
," the term is herding cats. john boehner now facing backlash from his own party over the fiscal cliff proposal that he made with some saying it doesn't go far enough to fix the deficit. we'll break down what this means for negotiations ahead with our morning joe panel. but up next -- you never know who you'll see on a new york city subway. and for one kindly old lady, she literally did not know who she was seeing and sitting next to. we'll play her full conversation with jay-z when "way too early" comes right back. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just u
FOX Business
Dec 5, 2012 6:00pm EST
principal. gerri: is the writing on the rall for the fiscal cliff gerri: we are dangling over the fiscal cliff. but washington is at a standstill. although the president is refusing to sit down with republicans, he did talk to speaker john boehner this afternoon, and the white house is talking to federal agencies, warning them to get ready to go over the cliff. with more on this, congressman tom mcclintock of california. a member of the budget committee. if you for joining us today. you know, we heard about this telephone call between speaker boehner and the president. you think anything will come of that? >> the president has been very clear. he is hell-bent to raise taxes massively on those very wealthy folks made making over $250,000. bearer 80% of small businesses, in and exactly the time when we are depending on them to create two thirds of the new jobs in our country desperately needs. gerri: the republicans are in the way of a settlement. i want to hear what he said today. here is the president. >> we can probably solve this in a week. it is not that tough. but we need that conceptual breakthrough that says that we need to do a balanced plan. but that is what is best for the economy. that is what the american people vote
NBC
Dec 5, 2012 6:30pm EST
to take a dive off the so-called fiscal cliff if republicans don't agree to take hikes on the richest americans. and so we welcome peter alexander, at the ranks of the white house correspondents, with a look at all of it. >> reporter: brian, good evening, on the north lawn, the phone call marks the first time speaker john boehner and the president spoke in a week, that is hardly something to celebrate, but they wouldn't characterize what they caused in the phone call as the country barrels towards the fiscal cliff. with no talks and no progress to avert the looming fiscal cliff, you could say the house has left the building, streaming out of the capitol. tomorrow's session cancelled. with only three work days left this year, they are often criticized. just 16 votes. across the country, rising frustration, americans asking why the holdup. and what will their taxes look like in 2013. >> maybe instead of getting my sister two things, you give one thing, you have to give pause on what could happen next year. >> reporter: today, president obama and house republicans are locked in a
CNN
Dec 5, 2012 4:00pm EST
. thanks. >>> let's go to jessica yellin, she's getting new information about the fiscal cliff stand-off, what are you learning? >> reporter: i'm learning that president obama and house speaker john boehner had a phone conversation late today. we do not have a fiscal deal. there's been no significant movement as a result of this, it's meaningful, the two men have not spoken in a week exactly. their last phone call was last wednesday, as you know, speaker boehner presented a plan on monday and after that was rejected by the president. in an interview, there was no communication between the white house and republicans until this phone call between these two men. wolf, this comes the same day that secretary geithner said publicly for the first time, that the u.s. would be willing to go over the cliff if republicans do not agree to raise tax rates on the top two percent of earners. it's my understanding that republicans have not agreed to raise those rates and the white house is not negotiating essentially, wolf, until they see republicans make that move. >> jeszic ka, the things obviously could be getting more complex as you know, president obama wants to add the debt ceiling to the multipl
CNBC
Dec 5, 2012 1:00pm EST
we call the fiscal cliff. before we get to our chief washington john harwood and the president is meeting with another grouch ceos, i need to start with eamon javers on capitol hill where lawmakers are skipping down early for a long weekend. eamon, wasn't thanksgiving just a couple weeks ago? >> it was. let me check michael ichaey cal. you see rank and file members of congress leaving the capitol. they are done for the week. they're headed back loam to their hometown districts. a lot of folks focused on this negotiation right now but the reality is that the negotiations are taking place among just a very few, very high level people. i was talking to a few rank and file members yesterday who said they were frustrated there is not a whole lot for them to do, they are just sitting around here waiting for some break-through in these negotiations. they want something to do on the floor, in their offices and there is not much for them to sink their teeth into. now they're going into their district. leadership is going to stay here and continue these negotiations. speaking of wasting, sp
CSPAN
Dec 4, 2012 8:00pm EST
committee talks about the fiscal cliff. after that, john podesta oh talks about tax laws. -- talks about tax laws. tomorrow morning's "washington journal does quote a representative peter welch talks about the fiscal cliff negotiations. -- " ashington journal" has representative peter welch talk about the fiscal cliff negotiations. after that, joseph schatz on estate tax. >> we are at the new york state museum. this is every gallery that is dedicated to the history of september 11 and the attacks on new york's world trade center. we have decided that this gallery could heltell the storyf the first moment of attack using objects found out the site. this is a he said steel from the south tower -- and this is a piece of from the south tower. because the visitor a real tangible experience. this is a piece of steel from the north tower. this is a germanic piece of steel. iece of steel.pic you can see where the windows would have been. every piece of steel is marked so you know which build theing, which floor. this one was picked because it was close to the impact. it has the chart numbers 71-
CNBC
Dec 5, 2012 4:00pm EST
cliff being any closer to a deal? chief washington correspondent john harwood watching this event closely. john. >> reporter: i think what we saw in that interview that steve had was further confirmation of the fundamental outlines in the administration's strategy. one, rates have to go up. they're trying to break republicans on the issues of rates. although, they're not insisting that rates go all the way up to 39.6. you could see something in between. the second thing is they're taking a very hard line on the debt limit. the president said in remarks today to the business round table he has some cover from business on that because they don't want to see that limit that could be damaging to the u.s. credit raiting. the combination of those two things are the fundamental levers the administration is going to try to use to force republicans to compromise. then the compromising from the administration will come on the issues of entitlements, medicare, social security is, and medicaid. >> all right, jauohn. thank you so much. let's keep the focus in washington and get reaction. repub
FOX News
Dec 5, 2012 3:00am PST
cliff and we look at john boehner and you're right, he did give up revenue. he said okay. i'm going to cave on that. we'll raise revenue. but the president has been absolutely adamant, i'm not budging unless the top 2% pay a higher rate. not just revenue, a higher rate. >> the top 2% will pay higher taxes because of the revenue rates that we will raise without raising the tax rates. once you raise the tax rates, they become permanent. you can't change them. it will be almost impossible to change them and of course, that affects, like i say, almost a million small businesses and about 700,000 jobs. that's what the american people aren't getting from the debate on this subject. frankly, it is a bait and switch because the president has put out a plan that even democrats won't support that literally will not work, that literal israeli going to cause even more spending than we have right now, and put us even more than the 16 trail, $300 billion debt that we're incurring, going up every day. >> steve: senator, for generations, americans have always tried to make sure that our children, o
MSNBC
Dec 5, 2012 9:00am PST
senator john kerry about why he calls it the saddest day in his senate career. plus, the fiscal cliff standoff with republican congressman tom cole and former treasury official robert alman. senator maria can'twell tackles the spike on the east coast. "andrea mitchell reports" is up next. how? they work with vmware to provide virtualization and cloud solutions tailored to a company's unique i.t. needs. so, you're my caddy. what solution would you provide for me now? well, you're 30 yards away from the green. you've got a bunker to the left of you and a bunker to the right of you. and remember, this is client golf. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. [ ding! ] ...and spend time on the slopes. take alka-seltzer plus cold & cough... [ buzz! ] take dayquil. use nyquil d... [ ding! ] ...and get longer nighttime cough relief. use tylenol cold multisymp
FOX Business
Dec 5, 2012 11:00am EST
very much. dennis: president obama pushing the fiscal cliff to the business leaders. cheryl: speaker john boehner is getting an earful saying he is caving. rich edson is in washington with more. >> perhaps folks in washington are thinking maybe these two sides will get down to actually doing sometime soon but they say that is noo happening right now. house speaker john boehner said he's willing to sit down and talk to the president. we asked the white house if they plan on calling the speaker of the house inviting him over for a phone call, the white house hasn't responded to that question. coming down to two objects. >> if all you're relying on his closing exceptions and loopholes. let me amend that. it is not wise to do as a practical matter. >> they will come from guess who. the rich. there are ways to limit the options, close the polls and have them pay more of their money to the federal government without raising tax rates. >> that seems to be the key to this entire fiscal cliff mess. president obama saying the roundtable was struck by ceo's willingness to pay higher taxes and patriotic duty
KRON
Dec 5, 2012 4:00am PST
fiscal cliff. talks in washington are going nowhere. some republicans are speaking out against the gop's plans to fix the problem presented this week by house speaker john boehner. dana bash has the details. >> rates are going up they have to go up. >> the fact that the house gop leaders propose raising $800 billion in taxes is ruffling feathers in their own party. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves entry in the president's proposal like it is serious. >> gop senator jim demint said anti-government anti- tax paris. >> there are some that want to go the politically expedient route to give the president what he wants to get out of this mess. >> he is hardly the conservative upset with house republican leaders. the conservative action networks in this alert supporters sang card rep tell your representative tax hikes are not part of the solution. the e-mail included a not so subtle threat saying this infamous pledge cost george h. w. bush reelection. >> read my lips. >> aware of the potential blow back that could imperil his leadership john boehner careful to include in other proposal leade
FOX News
Dec 4, 2012 4:00pm PST
take a major hit if, in fact, the nation goes off the so-called fiscal cliff. his spokesman jay carney was even tougher in going after speaker john boehner's latest proposal in saying it simply doesn't add up. >> we don't know who pays. we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> the bottom line is the president and speaker boehner have not spoken now in several days. so there is really no signs of progress. there has been some discussion that look that's just happening in public. behind closed doors maybe they are gaining some ground, i have spoken to some top white house officials tonight some top republicans on the hill they say in private they are not making progress either, shep. >> shepard: republicans say they have offered some compromises. >> they have in the sense that speaker boehner with his policy late yesterday put $100 billion in new tax revenue on the table. that was a concession by him but not far enough as you noted for the white house because the white house wants him to not just raise tax revenue by limiting intuctions and loopholes and t
NBC
Dec 5, 2012 6:00pm EST
vance. tonight, president obama issued yet another warning to republicans, do not use the fiscal cliff to start a fight over the debt ceiling. the u.s. could reach its debt ceiling by the end of the month, and risk defaulting on its loans early next year. house speaker john boehner today said, quote, we don't have time for the president to continue shifting the goal posts. we need to solve this problem. danielle lee now joins us from capitol hill with more on this story tonight. danielle? >> reporter: jim, good evening. we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's debt ceiling to get their way on spending cuts and risk defaulting on the countr
CSPAN
Dec 5, 2012 1:00pm EST
events op the fiscal cliff with president obama and house speaker john boehner. the president said in remarks to the business round table today that he was aware of reports that republicans may be willing to agree to higher tax rates on the wealthy as a way to avert the looming fiscal cliff and then come back next year with more leverage to extract spending cuts from the white house in exchange for raising the government's borrowing limit. we'll also have house speaker john boehner's news conference today where he said it's time for the white house to respond to monday's republican proposal for avoiding the fiscal cliff. see the president and speaker boehner tonight at 9:00 eastern. elsewhere on the hill today the senate appropriations committee on homeland security held a hearing on fema's response to hurricane sandy. senators from new york, rhode island, connecticut and delaware testified before the committee on the challenges their constituents face in the aftermath of the storm and what's needed to move forward. >> good morning, everyone. thank you for joining us for this very imp
FOX News
Dec 4, 2012 9:00pm PST
john boehner to capitulate or he can say the hell with it, let's go off the fiscal cliff and blame the republicans. >> if he had had the top two percent pay in just a little bit more of their fair share, that would fund the government for only 8. 5 daition. it's not realistic. >> no. it's rubbish, all this. that so called buffett tax, if you implement that on warren buffett and all his pals, it will pay off obama's 2011 deficit in the year 2520 circumstance, in 514 years time, and then we'll need the next half millenium to pay off his 2012 deficit. >> i think the republicans were sent there with a mandate as well as president. obviously the american people voted for the status quo. they voted for divided government. here's the question i have. i would no want them to think os and grand hides and the slem hammer we're robbing them with. if obama wants to take the country off the fiscal cliff, they need to go there. they seem afraid of that. do you see that. >> it's clear from the election that the majority of americans essentially voted for european levels of spending. you can't hav
KRON
Dec 4, 2012 8:00pm PST
. >> with about four weeks to go before that fiscal cliff... of tax hikes and spending cuts gets triggered, negotiations still appear to be at a standstill, president obama told bloomberg news, the latest plan put forth by house speaker john boehner, simply does not add up. republicans have been equally dismissive of the last proposal from the president. tax rates on the wealthy remain the key sticking point between both sides. after a white house meeting tuesday, a bi- partisan group of governors expressed hope that an agreement will be reached soon. experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from the negotiations to help light of the christmas tree. eagle scout, from colorado springs helped out and there is. the crowd in cheers and the u.s. air force played " a christmas tree " and other holiday classics. this is a spruce tree from call rental white river national forest. it has 10,000 lights, ornaments and will be let in each night until the day after christmas. >> we are going to take a look at the golden gate bridge. dry roadways. the bulk of the wet weather is to the north. it is going to pick up in intensity, overnight. it will impact certain areas to more with mode
MSNBC
Dec 5, 2012 2:00pm PST
republicans would face hell if they let this country go over the fiscal cliff. just to protect the top 2%. better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher taxes for the rich. that's good. he agreed in principle the rich must pay more. number three, there's talk for the republican leaders that they could vote to continue the tax cuts for the 98% now and therefore avoid the fiscal cliff and put off for now the top 2%. and the question then, let the debt ceiling not take effect. a tax cut delayed i argue is a tax cut avoided. joining me with the republican defense highly tauted fan of the eagles, ed rendell and alex wagner of msnbc's "now." governor, i want you to read what's going on here. first speaker boehner defended the gop's tax proposal saying it does take a bite out of the rich but president obama held firm to tax rate hike on the wealthiest. let's listen to the back and forth. >> revenues we're putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the sameç people pay moref their money to the feder
FOX News
Dec 5, 2012 6:00am PST
this. house speaker john boehner and the latest update on negotiations or lack thereof on the fiscal cliff. let's go to this right now. moments ago on the hill. hear is the speaker. >> morning, everyone. this week we made a good faith offer to avert the fiscal crisis and, that offer included significant spending cuts and reforms, and it included additional revenue and frankly it was the balanced approach that the president's been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. our targets and framework are things that we can all agree on. and it's exactly how we approached our discussions in the biden group. my discussions at the white house a year and a half ago. and for that matter, in the joint select commit teach. and if the president doesn't agree with our proposal and our outline i think he has an obligation to send one to the congress and a plan that can pass both chambers of commerce. if you looked at the plans the white house talked about thus far, they couldn't pass either house of the congress. we're ready and eager
FOX News
Dec 5, 2012 3:00pm PST
going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes, take us to brink of default again, i will not play that game. >> republicans held their own meeting with small business owners denying they're trying to punt. >> i'll be here and available at any moment to sit down with the president to get serious abouting the problem. >> they noted the president has not scheduled any meetings with the g.o.p. leaders in weeks. not offered any counterproposal to boehner's plan from last week. >> a balanced approach the president has been asking for. now we need response from the white house. >> reporter: they continue to insist the impediment to the deal is boehner's tax revenue is not enough. the holdup is boehner took a position the day after the campaig
CBS
Dec 5, 2012 5:00pm EST
the fiscal cliff and there is still no sign of break the stalemate. the house of representatives is in recess until next week, but speaker john boehner says he's staying behind ready to sit down for face to face negotiations with president obama. so far the key players are not talking and listen to this. congressional aides say they aren't even communicating by phone or e-mail. the president is rejecting the latest republican proposal because it does not raise taxes on households making more than $250,000 a year. the gop wants the bush era tax cuts extended for everybody and is instead offering to close tax loopholes and limit deductions. >> the revenues we're putting on
CSPAN
Dec 5, 2012 1:00am EST
] >> more meetings on the fiscal cliff and the economy, with senate majority leader harry reid and house speaker john boehner. >> on washington journal, the latest developments in the fiscal quick negotiations. after that, political looks at the estate tax, which is set to go up at the end of the year unless congress and the white house fact. live wednesday at 7:00 a.m. eastern, on c-span. >> wednesday, politico hosts a discussion with bob woodward, author of "the price of politics," and marco rubio. mike allen moderates the discussion. see that live at 10:00 a.m. eastern on c-span 3. house democrats filed a discharge petition to force a house vote to extend the bush era tax cuts for middle-class families. the bill has already passed in the senate. next, we hear from nancy pelosi. the course of the election the president made it very clear that he was courting the extension of the middle class tax cut and that everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying that rather than passing that they want to hold
FOX News
Dec 5, 2012 1:00pm PST
fiscal cliff. there is a fiscal slope. the earth doesn't stop spinning, the sun will come up, the moon will come up and we will have to do things in john. taxes will go up and the democratic party and hopefully some responsible republicans will vote to make certain that we remove this tax cut that would take place. >>eric: no talk about responsible democrats to stop spending so were, or cut back the spending, not just cutting back the increase rate in spending but item spending cuts. >>guest: the rate of increase doesn't have anything to do with the spain people are suffering whether they are middle class or poor. we were talking about the so-called fiscal cliff, if that happens, automatically taxes are going to go up for everyone. maybe, then, someone would ask, who was it that said we shouldn't just pass the tax cuts to make certain that the working poor and the middle class get it, who stopped us and who pushed us over the cliff. it won't be the democratic minority in the house of representatives. >>eric: always good to talk to you congressman rangel. good to see you, sir. paying for complaining is the wrath a restaurant chain is facing fo
CBS
Dec 5, 2012 6:00am PST
avoid the dreaded "fiscal cliff." if democrats and republicans don't reach a budget agreement by year's end, across-the-board tax hikes and budget cuts will automatically kick in. house speaker john boehner offered a republican proposal this week. but the president and democrats dismissed it because it includes no tax increase for the wealthiest americans. >> 60% of americans support asking millionaires to pay slightly more. >> there's only one person out of 307 million americans who can sign something into law, the president. >> boehner will meet with small business owners and the president speaks at a conference of corporate ceos. >>> citigroup is cutting 11,000 jobs. the bank says it's looking to cut expenses and improve efficiency resulting in $1 billion in charges. it's part of the restructuring. the company also said it plans to close branches. >> wow. >>> it is 6:21 now. we have a new multi-million dollar man. which giant signed a three-year deal with the team? >> plus, skills on and off the field. which 49er once guest started on an episode of "saved by the bell"? >> wonder who. >>> we are seeing rainfall around the bay area. looks like snow in the high country. here's today's sn
CNBC
Dec 5, 2012 3:00pm EST
cliff. the white house saying they don't expect we will. they still hope it can be prevented, but they have to start planning. also, speaker of the house john boehner meeting with small business leaders on capitol hill where he reiterated some of his key points. again, just within the past hour. take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing around that view that they should give into what the president is suggesting, at least temporarily, and continue to negotiate on the rest because there's a lot of p
CBS
Dec 5, 2012 5:00am PST
cliff" we have all heard about. if democrats and republicans don't reach a budget agreement by year's end, across-the-board tax hikes and budget cuts will kick in automatically. house speaker john boehnered off a republican proposal this week but president obama and other democrats have dismissed it because it includes no tax increase for the wealthiest of americans. >> 60% of americans pay slightly more. >> there's only one person out of 307 million americans who can sign something in law, the president. >> boehner is set to meet with small business owners while the president speaks at a conference of corporate ceos. >>> bob dole made an appearance on capitol hill yesterday in a wheelchair frail but still flexing his political might. he could not convince enough republicans to support a disabled rights treaty. the united nations treaty would ban discrimination against people with disabilities. it fell five votes short of getting the needed two-thirds approval in the senate. >>> the world's oldest woman has died at the age of 116. beth cooper is only one of eight people recognized by the begin he was book of world records to have lived that long. she died peacefully yesterday in an assis
Current
Dec 5, 2012 3:00am PST
are going to be able to come to an agreement on the debt ceiling or -- and on the fiscal cliff? forget it. >> it was remarkable to see how this happened yesterday. i will read from john stanton's twitter feed our friend from business feed. i was there -- buzzfeed. his presence could push it over the edge. dole was there watching them vote. after he left the floor, he said the republicans very quietly got up, didn't vote from their desk. they got up quietly walked up to vote. he said that was remarkable because nobody wants that video in a commercial of them voting against bob dole, against people with disabilities. >> yeah, senator moran now, i forget his first name from texas who, i'm sorry from kansas jerry moran of kansas. i think he has the bob dole seat. he put out a press release with john mccain praising the treaty when it was first brought to the senate. he voted against it yesterday. these guys are courts and mean and they don't care. they don't care about the disabled either. my point is, again, this is the gang that the president has got to do business with. forget it. forget it. it's not going to happen. so i want to ask you this. tonight, i will be at the whitehou
MSNBC
Dec 5, 2012 3:00am PST
. "morning joe" starts right now. >>> our country will be heading over the fiscal cliff that we ourselves dug and put in our way. it's the set of automatic spending cuts and tax hikes that can only be averted if our nation's leaders are able to display bear bones competence and middle school-level maturity. so is there a deal? >> there's, of course, no deal. >> of course! is there a prospect for a deal? >> there's not a prospect for a deal. >> of course! but the ongoing talks. >> there aren't even very many talks going on. >> you're killing us! give us something. >> but for the first time, there are numbers on pieces of paper from both sides. >> numbers on paper! >>> good morning. it's wednesday, december 5th. welcome to "morning joe." live in the nation's capital. this is exciting. and you know, i said, let's do a show from washington, d.c., because they get so much stuff done there. it's like silicon valley. and going there when steve jobs was really bringing apple to the forefront -- >> a happening place. >> it is. it's where things happen. that's why we're here, steve rattne
Current
Dec 5, 2012 9:00am PST
morning asking the white house for a response to the g.o.p. fiscal cliff counteroffer. he says that republicans can't negotiate with themselves however the president has been very clear very publicly that the g.o.p. plan is definitely a no-go as is. crossroads gps part of the karl rove funded group of campaign super pacs is spending half a million dollars on a new ad campaign to push for a fiscal cliff deal that includes more spending cuts and fewer higher taxes. >> so far he says more taxes. >> the truth is the white house deal did propose some $600 billion in healthcare and spending cuts. finally, secretary of state ken says he will investigate the state's voting problems. the republican in florida told the state ethics and elections committee he will dispatch a special team to investigate the five florida counties that had especially-long lines. right after it he defended florida's voting mess saying he had no regrets. wewewewewewewewewewewewewewewewewewewewewewewewewewewewewewe on to me now? you know the the kind of guys that do reverse mortgage commercials? those type. those ty
CSPAN
Dec 4, 2012 11:00pm EST
looking at the fiscal cliffs we look at different aspects today we turn our attention to the amt and the patch that could work out a deal if they do nothing it will affect 30 million americans. john buckley thank you for being here. what is the alternative minimum tax? >>guest: you pay the greater of the regular income tax or under the minimum tax that has the broader-based to disallow those deductions. >> in some respects it is similar to the itemize deductions rather than directly attack it puts the overall cap there is no new ideas it bears a strong relationship. >>host: here's the form for the 2011 tax preparation the alternative minimum taxes you fall into it? how do you know, ? >> i believe you could only do this with computer programs like tax prepares if fried did not have that i do believe that at&t would have been killed along time ago if people really had to do that to figure out the details there would be a strong revolt against the complexity. it is extremely burdensome if you try to do it without preparation. >>host: give us the history. >>guest: in the current form enacted 1986 with long been the goal of proponents to have a robust minimum tax. that gratify fact they could
CSPAN
Dec 5, 2012 7:00am EST
fiscal cliff is concerned, the democrats and republicans need to come together and they need to do that rather quickly, because that's the way i feel about it. host: do you think it decides it should just agree to pass the tax cuts -- extend the tax cuts for middle-class americans and then wait until later to resume the debate over spending and tax cuts for wealthy americans? caller: they should start with that. and if they agree on that, then they can go on to the next thing. but this lagging and dragging along on both sides makes no sense. host: here is the washington post this morning. [video clip] >> i don't think the issue right now has to do with sitting in a room. the issue right now that is relevant is the acknowledgment that if we are going to raise revenues that are sufficient to balance with very tough cuts we have already made and further reforms and entitlements i'm prepared to make, that we are going to have to see the rates on the top to% go up. we are not calling to able to get a deal without it. host: that was the president talking about whether or not he has sat d
CSPAN
Dec 5, 2012 5:00pm EST
released earlier this week. at 8:00 eastern, more on the so-called fiscal cliff with chris van hollen as well as senator bob corker and senator mark warner and spoke today at a forum. you can see that at 8:00 eastern tonight on c-span. the senate foreign relations subcommittee on africa held a hearing on the instability on mally. -- mali. >> i call this hearing to order. i will be joined by my friend and ranking member, senator isakson of georgia and we expect other senators to join but it is timely for us to proceed. i'm grateful for the support of the committee and hard work of my staff in making possible today the first time we will have a witness testify directly from a foreign country which is the subject of a hearing and i hope that will contribute to an ongoing process of trying to expand the range and scope of testimony included in these hearings. today's focus is on mali. there are three crises occurring there, security, political and a humanitarian crisis, all three of which threaten security in africa and require the attention of the u.s. government and the world. we conven
Search Results 0 to 49 of about 50 (some duplicates have been removed)